Business newsRussia Will Increase Its Steel Export to Europe
07.10.2002 15:56

The Russian Federation Ministry for Economic Development and the EU European Commission signed in Brussels, on 9 July 2002, an agreement on Russian steel supplies to Europe till 31 December 2004.

The agreement sees to a 28% quota increase on the Russian steel supplies from the beginning of 2002 as compared to the previous annual period. Besides, during the period of 2003-2004 this quota will be up on 2.5% per annum.